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Private Financing Advisory Network

On the 10th of May, 2017, the Private Financing Advisory Network (PFAN) was officially relaunched under its new hosting arrangement with the United Nations Industrial Development Organisation (UNIDO) in cooperation with REEEP in Vienna, Austria. Under this arrangement, PFAN’s activities will be scaled up by a factor of two to five by the year 2020.

For information about PFAN's latest call for proposals, for the Project Development and Financing Initiative for Climate & Clean Energy in Asia, click here.

What is PFAN?

The primary obstacles to the large-scale deployment of low carbon, climate resilient technologies are a lack of access to finance and a limited pipeline of bankable projects. PFAN aims to bridge the gap between investors and entrepreneurs. PFAN is one of few actors in the climate finance space addressing the barriers to success for small and medium enterprises (SME) in developing countries and emerging economies – a shortage of bankable projects on the demand side and difficulties assessing risks and a conservative lending culture on the supply side.

PFAN:

sources projects and funding from the private sector

screens business plans for investment readiness and financeability

selects projects that are economically viable, as well as environmentally and socially beneficial

provides technical assistance to support project development and facilitate finance

builds the capacity of project developers and financiers

and provides access to clean energy businesses and financial institutions through the PFAN network.

PFAN‘s work in climate finance reduces greenhouse gas emissions, promotes adaptation to climate change, and contributes to achieving the goals of the 2016 Paris Agreement on climate change - including mobilizing USD 100 billion per year of private and public financing globally by 2020 - and the 2030 Agenda for Sustainable Development, especially Sustainable Development Goals 7 (energy), 9 (industry), 13 (climate action), and 17 (partnerships).